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NATIONAL SAVINGS

CAMPAIGN IN MASTERTON FLAG AND MONEY BALL i SCHEME. INTRODUCTION AT EARLY DATE. As an incentive to the public to take a live interest in the National Savings Scheme, and as a means of enabling them to learn day by day the extent to which they are playing their part in this important phase of the national war-financing effort, a scheme sponsored by the New Zealand National Savings Committee is to be introduced forthwith under which each town will have allotted to it a National Savings weekly quota based at present on a total Dominion annual saving of £5,000,000. As a part of the campaign in Masterton a flag-pole in an advantageous position will be equipped with a money ball which is being constructed locally. In addition a pennant will be provided for use in association with the money ball. Each Monday morning the ball, when in operation, will be at the foot of the flag-poje. On Tuesday morning and subsequent mornings, the ball will be raised to a height which, in relation to the height of the pole, is in the same ratio as the National Savings deposits and receipts from bonds for the previous day bear to the weekly quota of the town. The ball will climb the pole progressively each day according to the proportionate amount of the weekly quota received. When the ball reaches the top of the pole it will be immediately lowered to the bottom again and the pennant will be broken out and allowed to remain flying at the masthead for the rest of the week. Each Monday the pennant will disapppear from the pole; and the ball will start to rise again from the bottom. Thus, the townspeople will see, barometer fashion, the progress of their saving. The scheme will be in operation in Masterton at an early date when a drive will be commenced to increase the number of depositors and to obtain the weekly quota for the district. Further particulars will be published later.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WAITA19411024.2.14

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Times-Age, 24 October 1941, Page 4

Word count
Tapeke kupu
336

NATIONAL SAVINGS Wairarapa Times-Age, 24 October 1941, Page 4

NATIONAL SAVINGS Wairarapa Times-Age, 24 October 1941, Page 4

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